To help you complete the COMPARE: Types of Retirement Accounts worksheet in Teams, read the article and watch these videos on types of retirement accounts:
- PENSIONS: If you haven’t already, read this article, What is a Pension? Is It All You’ll Need to Retire?
- CHOOSING AN ACCOUNT TYPE OVERVIEW: Watch this from 1:04 to 3:24, Investing Basics: Planning for Retirement
- 401(k): Watch this video, What is a 401(k)?
- Traditional IRA: Watch this video, What is an IRA?
- Roth IRA: Watch 0:43-4:30 of this video, Why I Love Roth IRAs!
LEARNING TARGET:
- I can conduct research to compare different types of retirement accounts, including Roth IRAs, traditional IRAs, 401(k)s, and pensions.